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AGENCY TESTIMONY
DYCD's preliminary budget for FY2026
0:11:07
ยท
51 sec
Commissioner Howard presents an overview of DYCD's preliminary budget for fiscal year 2026, highlighting its focus on programs that address poverty and provide opportunities for New Yorkers.
- The total budget stands at $1.2 billion
- Breakdown of funding sources: 90% city tax levy funds, 0.16% intercity funds, 6.24% federal funds, and 3.51% state funding
- The budget aims to invest in programs that help alleviate the effects of poverty
- DYCD is monitoring developments in Washington D.C. that may impact the budget
Keith Howard
0:11:07
The preliminary budget builds on this progress by making investment in programs that help elevate the effects of poverty and provides opportunities for New Yorkers and communities to flourish.
0:11:23
We are carefully monitoring the developments and actions in Washington DC, which can have a very serious impact.
0:11:34
The budget, as you mentioned, stands at 1,200,000,000.0.
0:11:39
It is comprised of 90 o seven in city tax levy funds, point 16% in intercity funds, 6.24% in federal funds, and 3.51% in state funding.